PCCI sees inflation curbed with quick action on agri
Excerpt
The business lobby said inflation can be kept in check with changes to agricultural policy, particularly with long-term reforms to address systemic production shortfalls in the sugar, rice and fishing industries. For the fisheries sector, the PCCI is asking the Department of Agriculture to review the ban on the use of the modified Danish seine (MDS) method of fishing. Mr. Amores said the ban has set back the fish supply by about two million kilos per day leading to “prohibitive” fish prices. The government banned MDS due to the damage caused to sea grass and coral.
Citation
Lim, J. C. (2018, September 12). PCCI sees inflation curbed with quick action on agri. BusinessWorld, p. S1/4.
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